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Midway Steps to the Plate With MLB® SlugFest® 2006 for PlayStation®2 and Xbox


WEBWIRE

Adrenaline-Style Baseball Franchise Returns This Spring; To Be Available For a Steal at U.S. MSRP of $19.99

CHICAGO, IL – February 22, 2006 – Midway Games Inc. (NYSE: MWY), a leading interactive entertainment publisher and developer, today announced MLB® SlugFest®2006 is in development and scheduled to ship in Spring 2006 for the PlayStation®2 computer entertainment system and the Xbox® video game system from Microsoft, expected at a U.S. suggested retail price of $19.99.

“MLB SlugFest 2006 is the only adrenaline-style, officially MLB licensed baseball game on the market and we’re very excited to be able to offer gamers the latest in the SlugFest franchise at a great value,” said Steve Allison, chief marketing officer, Midway. “At a competitive price point and in a year in which fewer than usual MLB licensed games exist, we’re certain that fans will embrace having a choice at retail, especially with the enhancements that we’ve been able to incorporate into MLB SlugFest 2006.”

About MLB SlugFest 2006
Midway’s newest offering of its over-the-top baseball game, MLB SlugFest 2006 will feature a new create-a-player mode, updated team rosters and stadiums, along with a new library of signature animations and extreme collisions that have distinguished the franchise since its debut in 2002.

About Midway
Midway Games Inc. (NYSE:MWY), headquartered in Chicago, Illinois, with offices throughout the world, is a leading developer and publisher of interactive entertainment software for major videogame systems and personal computers. More information about Midway and its products can be found at www.midway.com.

SlugFest is a registered trademark of Midway Amusement Games, LLC. Major League Baseball trademarks and copyrights are used with permission of Major League Baseball Properties, Inc. You can reach Major League Baseball on the web at MLB.com. © MLBPA-Official Licensee, Major League Baseball Players Association. Visit www.MLBPLAYERS.com, the Players Choice on the web. The MLBPA logo is a trademark of the Major League Baseball Players Association. “PlayStation” and the “PS” Family logo are registered trademarks of Sony Computer Entertainment Inc. Xbox is a registered trademark of Microsoft Corporation in the United States and/or other countries. All other trademarks are the property of their respective owners. Midway has provided the www.bigleaguers.com and MLB.com links solely as a convenience for you. The information on these sites has been prepared by third parties, and Midway does not monitor, endorse or accept responsibility for the content on non-Midway sites.

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 concerning future business conditions and the outlook for Midway Games Inc. (the “Company”) based on currently available information that involve risks and uncertainties. The Company’s actual results could differ materially from those anticipated in the forward-looking statements as a result of these risks and uncertainties, including, without limitation, the financial strength of the interactive entertainment industry, dependence on new product introductions and the ability to maintain the scheduling of such introductions, the console platform transition and other technological changes, dependence on major platform manufacturers and other risks more fully described under “Item 1. Business - Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2004, and in the more recent filings made by the Company with the Securities and Exchange Commission. Each forward-looking statement, including, without limitation, financial guidance, speaks only as of the date on which it is made, and Midway undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances.



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